Half of tenants favour greener rental properties

Quealy & Co Lettings Agents have discovered that according to The Property Academy Renter Survey 2021, almost half (49%) of renters would choose their rental property quicker if it had green credentials or a well-being certification.

Not only would renters choose their property quicker, but around 61% of renters said they would rent the property for longer if it had green credentials or a well-being certification.

Double the proportion of 18 to 34-year-old renters would pay a premium for green credentials of a home compared to those 35 years and over, 12% vs 6%.

Landlords should be mindful of increased awareness of the need for action on climate change among the younger generations: Generations Z, Alpha and beyond. Green credentials of their portfolios may help to minimise voids going forward and attract more interest in their rental properties.

Quealy & Co Estate Agents are your local experts in the rental market. If you want to make renting easier, call us on 01795 429836 or email hello@quealy.co.uk to chat with a member of our friendly and experienced team.    

Source: Dataloft, The Property Academy Renter Survey 2021.